京都大学 京都大学

Environmental Economics

Numbering Code Year/Term 2022 ・ First semester
Number of Credits 2 Course Type Lecture
Target Year Master's students Target Student
Language English Day/Period Mon.1
Instructor name TAKEUCHI Kenji (Graduate School of Global Environmental Studies Professor)
Outline and Purpose of the Course This course will provide a basic understanding on the economics of environmental policy at the introductory level. The course covers normative and positive analysis of environmental issues from the economic point of view.
Course Goals Students learn how to frame and discuss environmental issues and policy in terms of economic theory and empirical evidence.
Schedule and Contents Session 1. The Environment and Economics [1], Normative and Positive Economic Analysis [2]
Session 2. Social Choice [3], Efficiency and Markets [4], Market Failure [5]
Session 3. Making Decisions about Environmental Programs [6], Demand for Environmental Goods [7]
Session 4. Hedonic Price Theory [8]
Session 5. Household Productions [9]
Session 6. Constructed Markets [10]
Session 7. Regulating Pollution [11]
Session 8. Feedback
Session 9. Emission Prices and Fees [12]
Session 10. Property Rights [13]
Session 11. Regulation with Unknown Control Costs [15], Audits, Enforcement, and Moral Hazard [16]
Session 12. International and Interregional Competition [19]
Session 13. Environment, Growth, and Development [20]
Session 14. Discussion
Session 15. Feedback
* Numbers in square brackets are chapters in the textbook.
Evaluation Methods and Policy Contribution to discussion session 50%
Final Exam 50%
Course Requirements None
Study outside of Class (preparation and review) Students are expected to read the assigned papers and prepare for the discussion in the class.
Textbooks Textbooks/References Environmental Economics, Charles D. Kolstad, (Oxford University Press, 2011)
References, etc. A reading list will be available by the start of the course.
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